12 October 2012 10:27 [Source: ICIS news]
AA prices in the Chinese market were assessed at yuan (CNY) 13,000-13,100/tonne ($2,070-2,086/tonne)
Among the AA facilities that are currently shut are Shanghai Huayi’s 60,000 tonne/year unit and Shenyang Lahua’s 80,000 tonne/year unit.
Shanghai Huayi’s plant was taken off line on 8 October, with the shutdown expected to last a week, a company source said.
Shenyang Lahua’s unit, on the other hand, was shut because of a power failure on 23 September, with no definite restart date, a company source said.
The company’s 460,000 tonne/year plant in
Nippon Shokubai is expected to buy 50,000 tonnes of AA from other countries in
Most sellers in
($1 = CNY6.28)
Additional reporting by Liu Lin
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